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Renters In Expensive Areas Paying increases Above The 4% Cap

People living in rent pressure zones are paying increases above the 4% cap. That's according to the...
TodayFM
TodayFM

6:24 AM - 30 Aug 2017



Renters In Expensive Areas Pay...

News

Renters In Expensive Areas Paying increases Above The 4% Cap

TodayFM
TodayFM

6:24 AM - 30 Aug 2017



People living in rent pressure zones are paying increases above the 4% cap.

That's according to the Residential Tenancies Board, which says it's seen complaints go up by 160 percent.

New laws were introduced last Christmas which made it illegal for landlords to hike prices over 4 percent a year in areas where prices are highest.

Rosalind Carroll, Director of the RTB, is encouraging people in this situation to reach out to them:

Renters In Expensive Areas Paying increases Above The 4% Cap

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